Archive for November, 2011

Federal Concealed Weapons Reciprocity

The House of Representatives passed a measure Wednesday that would make concealed weapon permits valid across state lines, if passed by the Senate and signed into law by the president (not that such a measure has a realistic chance of occurring).  According to the proposed legislation, states that recognize the right to carry concealed would […]

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Debt “Supercommittee” Fails to Meet Its Charter

By now, virtually everyone has come to know that the so-called debt supercommittee has reached an impasse in its attempts to trim the federal deficit by $1.2 trillion by the prescribed deadline.  Not that this should come as any great surprise to anyone who has been following the growing trend of divisional faction in the […]

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“I Want My Country Back”

This is an interesting video of Dr. Russ Roberts, professor of economics at George Mason University, testifying before the House Oversight Committee two years ago as part of his “The Vices and Virtues of Limiting Executive Compensation” subcomponent of the executive compensation hearings.   28 October 2009

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National Debt Monetization

Largely lost in yesterday’s media coverage of the national debt eclipsing the $15 trillion mark was the fact that the Federal Reserve has officially become the largest holder of public debt in the United States.  I suppose we no longer have to fret about China being the number one debt holder now that the Fed […]

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Supreme Court to Hear Challenges to “Obamacare”

Though it surely comes as no surprise, the United States Supreme Court has officially announced that it will hear challenges to the controversial Patient Protection and Affordable Care Act, specifically relating to the individual mandate, as filed by 26 states in conjunction. Clearly, requiring individuals to purchase anything in support of the so-called “greater good” […]

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Capitalism and the Free Lunch Myth

In light of the socialism-oriented messages emanating from some of the Occupy Wall Street protestors, I felt it a great opportunity to share the following.  This video is one of my favorites concerning the subject of conceptual economics and captures the essence of free market principles. Phil Donahue Interview with Dr. Milton Friedman – 1979. […]

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ISAF General Fired for “Disparaging” Remarks

A NATO deputy commander, Major General Peter Fuller, was terminated today for making “disparaging” remarks regarding the recent proclamation of Afghan President Hamid Karzai that Afghanistan would side with Pakistan in the event that the United States entered into a war with its eastern neighbor. It could be argued, and probably was, that a uniformed […]

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